Azrieli Group Launches New Senior Living Facility in Rishon LeZion

The Azrieli Group, led by CEO Dana Azrieli, is launching its fifth senior living facility, Palace Rishon LeZion, with an investment of approximately 590 million shekels. The new facility, which will bring the company's total senior housing units to over 1,400 nationwide, is set to feature culinary direction from renowned chef Yisrael Aharoni.

Palace Rishon LeZion spans 30 floors and comprises 274 housing units. As of the end of the second quarter of the year, before its official opening, about 40% of the apartments had already been sold. This new facility joins Azrieli's existing senior living homes in Tel Aviv, Ra'anana, Modi'in, and Lehavim.

The complex is designed as a comprehensive residential and service center for seniors, including a medical wing, swimming pool, sports and spa center, cultural and leisure areas, a restaurant, and a cafeteria. The top floor boasts a sea-view roof terrace intended for events and activities. A commercial center is also integrated into the complex. The facility will be managed by Tal Amit, who holds a master's degree in gerontology and was involved in establishing and managing Palace Lehavim, bringing extensive experience in senior living management and community building for the elderly.

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